SAN FRANCISCO—Chip vendor Advanced Micro Devices Inc. (AMD) said Tuesday (Nov. 13) its board of directors is not actively pursuing the sale of the company after a national news service reported the firm hired financial experts to explore strategic options, including the possible sale of the company.
"AMD's board and management believe that the strategy the company is currently pursuing to drive long-term growth by leveraging AMD's highly-differentiated technology assets is the right approach to enhance shareholder value," an AMD spokesman said in a statement emailed Tuesday. "AMD is not actively pursuing a sale of the company or significant assets at this time."
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.